...impact of financial instability on municipal governments with tangible, sustainable strategies to improve families’ financial lives. The first phase of the initiative is a learning phase, where the CFE Fund...
...Protection Bureau’s (CFPB) Notice of Proposed Rulemaking (NPRM) rescinding ability-to-repay requirements governing payday, vehicle title, and certain high-cost installment loans. The Coalition believes these underwriting provisions are crucial, and rescinding...
...ratio as an alternative to the full payment test to enable financial institutions to offer lower-cost, sustainable installment loans; lenders should be required to meet a clearly defined maximum annual...
...Rulemaking Authorities, Guidance and Implementation Support, Financial Education Programs, and Consumer Complaint Handling Processes. These letters focused on local governments’ experiences with consumer financial instability, and both individual’s and businesses’...
...integration in five cities to test FEC eviction prevention strategies in response to COVID-19 housing instability, and field a multi-city evaluation of FEC impact in three to five partner cities....
...and other barriers, Black residents and other residents of color experience more financial instability than White residents: as just one example, Black households have an average of one-fifth of the...